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Showing 301 - 310 of 830 results for "% Cbus"

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... ESG proposals," he said. Eight funds supported more than 50% of ESG proposals in 2020: NGS Super (86%), Vision Super (79%), Cbus (71%), Active Super (64%), HESTA (63%), Energy Super (59%), AustralianSuper (57%) and Care Super (54%). Only seven funds ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
Last year many superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
... Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will retain the Media Super brand for the purpose of communicating with members working in print, media, entertainment and ...

Wayne Swan to chair Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Former treasurer and deputy prime minister Wayne Swan will chair $65 billion industry fund Cbus. The fund announced today that Swan would succeed long-serving chair Steve Bracks next year. Commenting on his appointment, Swan said: "I'm humbled to ...

Communicate risk, defensiveness differently: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... Funds will have to communicate to members that the risk profile and return expectations for some portfolios has shifted. Cbus head of asset allocation and portfolio construction Leanne Taylor said Cbus agreed with Bowater that funds need to start thinking ...

Cbus changes insurance premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 AUG 2021
... superannuation fund has informed members the premiums they pay for death and total and permanent disablement cover is changing. Cbus has issued new premium prices across its manual, electech, non-manual and professional categories which will kick in ...

Link profit slips

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
Link Group posted a $163 million net profit loss in its full-year results which it attributed to an impairment charge in its banking and credit management (BCM) division. The administration software business recorded a non-cash impairment charge of ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... annuity, pension or pooled longevity products. This is a method that has been used by some funds already including QSuper, Cbus, Sunsuper and BUSQ. Conversely, it wants disincentives (above a threshold) for retirees who take their pensions as a lump ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
... Standard recently, Standing Committee on Economics chair and MP Tim Wilson specifically named NFP funds AustralianSuper, Cbus and Hostplus among the funds the committee will likely call upon. All three funds have been involved in mergers since the government ...

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
An industry fund took the top spot in Roy Morgan's latest superannuation satisfaction report. HESTA was named the winner for the six months ending June 2021, toppling Catholic Super which won the last round to January 2021. "Our focus on putting members ...